Author

Topic: [2016-09-26] A Controversial Bitcoin Alternative is Seeking a Comeback (Read 509 times)

legendary
Activity: 2590
Merit: 3008
Welt Am Draht
Half a million dollars no longer goes very far in BTCland. What are they going to spend it on? I assume a few hundred Amazon nodes that'll disappear all at once again.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
This will not work in Bitcoin once the emission runs out. There are some very valid reasons behind the "small block" point of view in Bitcoin.
legendary
Activity: 2408
Merit: 1121
Making a comeback?

How about it never was a viable alternative in the first place?

Just another Roger Ver fluff piece promoting his personal alt-coin agenda. Pass.
hero member
Activity: 700
Merit: 501
A controversial bitcoin alternative may be making a comeback.

With such a large community, bitcoin has perhaps inevitably seen disagreement about its future development. Having launched earlier this year, Bitcoin Unlimited grew out of an active movement to quickly pick up bitcoin's userbase by increasing the block size, or a hardcoded limit on the number of transactions that the network can process per block. This is a contentious change that many Bitcoin Core developers don't support.

But while its developers were quiet for a while, the alternative bitcoin implementation has seen a resurgence since receiving a nearly half a million dollar donation from an anonymous source.

The latest news is that Bitcoin investor Roger Ver’s mining pool mined its first Bitcoin Unlimited block on Wednesday. And Saturday, the Unlimited community hosted a conference in San Francisco, called “Satoshi’s Vision: Bitcoin Development & Scaling Conference.”

http://www.coindesk.com/controversial-bitcoin-alternative-seeking-comeback/
Jump to: